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Musicians and Congress join forces in fight for royalty reform
Fair artist compensation from internet radio and streaming services is quite the hot topic of late, and now members of Congress are joining the debate. Congressman Jerrold Nadler, D-NY, and Congresswoman Marsha Blackburn, R-TN, alongside the musicFIRST Coalition, introduced the Fair Play Fair Pay Act today that would end regulations that don't require terrestrial radio stations to pay royalties to artists and labels. As it stands, those AM/FM stations available in your car only pay licensing fees to songwriters and publishers. Organizations like ASCAP (American Society of Composers, Authors and Publishers) handle those agreements, collecting fees every time a copyrighted song is played on the radio or during a public performance. For its part in managing those agreements, ASCAP brought in over $1 billion last year.
